On March 14th Housing Development Center graduated its first Asset Management & Portfolio Preservation (AMPP) class! Six organizations completed HDC’s 18-month AMPP Curriculum. Participants, staff, board members and funders gathered to celebrate the occasion. Each organization shared the impact AMPP has had on them and reported on specific outcomes from the program.
The results are astonishing. Jim Moorefield, Executive Director for Willamette Neighborhood Housing Services, reported that participating in HDC’s AMPP program has been the single biggest capacity-building effort of the organization during his 14 year tenure.
[Ed. note: I went to this event not knowing much about the program, and learned that its work is incredibly far-reaching, sometimes leading organizations to restructure, adopt new business models, and even get to a place where stronger lines of business can shore up weaker ones – which is crucial at a time when public funds are being cut deeply. I left believing that in the next few years, this program will improve the stability of Oregon’s CDC and affordable housing industry. Amazing!]
Check out some of the performance outcomes for the Class of 2012!
Congratulations to —
- Cascadia Behavioral Healthcare
- Catholic Charities/Caritas Housing
- Columbia Cascade Housing Corporation
- Farmworker Housing Development Corporation
- Housing Authority of Yamhill County
- Willamette Neighborhood Housing Services
AMPP ROUND THREE!
Be a part of AMPP’s 2014 Class! Housing Development Center is looking for applicants for its third round of AMPP, scheduled to begin October, 2012.
HDC’s AMPP Curriculum helps organizations build their asset management capacity – by establishing systems to analyze the physical and operational needs of portfolios and developing preservation plans for long-term viability. For details about the AMPP Curriculum, click here.
We want to ensure that investments made in affordable housing over the last 20 years continue to be successful.
To find out about participating in HDC’s Asset Management & Portfolio Preservation Curriculum, contact Kimberly Taylor at 503-335-3668 or via email.
Applicants may choose to apply for GHAP dollars in the upcoming OHCS funding round next month!